I fully admit that yesterday’s accumulation will result in a sharp northern exit. As I have said many times, I plan to monitor the resistance level at 79.96 or the resistance level at 80.62. Near these resistance levels, two scenarios can unfold....
GBP/USD Hello everyone who is awake! I continue to analyze GBP/USD, now on the weekly timeframe! At the time of day, I wrote about the fact that the price will continue to decline, a bearish trend is gradually forming, the price has already entered...
EUR/JPY: The EUR/JPY pair remains bullish, with the broader uptrend still intact, underpinned by robust support levels. The support zone positioned around 169.00-170.00 is expected to hold firm against any significant downward pressure, while the...
Hello all traders, there is no specific news concerning the EUR. However, US news events will have a significant impact later. Understanding this optimistic backdrop requires acknowledging the cyclical nature of market dynamics. While buyers...
USD/JPY CURRENCY PAIR ANALYSIS: The price initially declined from the 157.60 support level but subsequently bounced back, indicating a brief recovery. However, despite this rebound, the price appears to be stalling and is now testing the critical...